Wii U Miss Target Shipments, Projected At 9M For Next Fiscal Year
Nintendo has released their financials for the fiscal year today, and one of the biggest things to come out of that is the Wii U missing its target of shipping out Wii U hardware. Nintendo only shipped 3.45 million units, which is down from the projected 4 million which was also down from an early projection of 5 million units. Nintendo admitted the Wii U failed to "maintain initial sales momentum" due to game delays, but feel confident that they will ship 9 million by year's end once they release some "key Nintendo titles."
Nintendo's profits came in at half of what they expected for the year. The projections were set at ¥14 billion and was only ¥7 billion (approx. $71 million). However, this is still a good direction for Nintendo as last year they posted a loss of ¥43 billion They are projecting to have a profit of ¥55 billion this year. The 3DS continues to perform well, as it has shipped 31.09 million, which is up from the previous quarter. The Wii is just under 100 million, and actually outperformed the Wii U last quarter by 70,000 units.
On the softer side of things, Nintendo shipped 13.42 million Wii U games since launch with the top performers being Nintendo Land (2.6 million) and New Super Mario Bros. U (2.1 million). 3DS continues its upward mobility and has shipped 95.03 million games with New Super Mario Bros. 2 (6.42 million) and Animal Crossing New Leaf (Japan Only currently, 3.86 million) leading the way. 3DS has seen big hits with Super Mario 3D Land and Mario Kart 7 have hit 8 million, while Paper Mario: Sticker Star is at 1.97 million and Luigi's Mansion is at 1.22 million.
Do you think that the Wii U is in trouble? It seems the 3DS is performing well, but will that be enough to keep Nintendo in the game?